Question

Define ASSOCIATION OR SUBSCRIPTION CLAUSE​

Answer 1

Answer:

The sixth and final clause of the MOA, the subscription clause, should state the purpose of the subscribers to incorporate the company, agreeing to take the shares in the company based on the number written in the Memorandum. Another detail to be specified is the shares agreed to be taken by each subscriber.

Answer 2

See the Answer Below My cutie friend:-

#Association :-

1)An Association is a group of social beings.

2)Related to one another by the fact that they posses or have instituted in common an organisation with a view to securing a specified end or specific ends.

3)Association is usually a working together of people to achieve some purposes.

#Subscription Clause :-

1)The sixth and final clause of the MOA.

2)It state the purpose of the subscribers to incorporate the company, agreeing to take the shares in the company based on the number written in the Memorandum.

3)The shares agreed to be taken by each subscriber.